Page 314 - TSMC 2018 Annual Report

Application Type
Communication Industrial/Standard Computer Consumer
Resolution
7-nanometer 10-nanometer 16/20-nanometer 28-nanometer 40/45-nanometer 65-nanometer 90-nanometer 0.11/0.13 micron 0.15/0.18 micron
0.25 micron and above 
Wafer revenue
b. Contract balances
Contract liabilities (classified under accrued expenses and other current liabilities)
December 31, 2018
Year Ended December 31, 2018
$ 574,350,582 232,589,200 143,744,212 73,241,719
$ 1,023,925,713
Year Ended December 31, 2018
$ 81,146,571 96,600,008 209,828,511 177,484,309 101,481,881 75,734,952 36,543,823 20,638,247 80,886,264 26,647,856
$ 906,992,422
January 1, 2018
$ 2,740,649
The changes in the contract liability balances primarily result from the timing difference between the
$
31,078,331
satisfaction of performance obligation and the customer’s payment.
For the year ended December 31, 2018, the Company recognized NT$30,742,181 thousand as revenue
from the beginning balance of contract liability. c. Refund liabilities
Estimated sales returns and other allowances is made and adjusted based on historical experience and the consideration of varying contractual terms, which amounted to NT$53,382,673 thousand for the year ended December 31, 2018. As of December 31, 2018, the aforementioned refund liabilities amounted to NT$21,199,032 thousand (classified under accrued expenses and other current liabilities).
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